Lincoln Educational Services CEO Scott Shaw's 2023 pay jumps 41% to $2.5M
Lincoln Educational Services reports 2023 executive compensation
By ExecPay News
Published: April 3, 2024
Lincoln Educational Services reported fiscal year 2023 executive compensation information on April 3, 2024.
In 2023, three executives at Lincoln Educational Services received on average a compensation package of $1.5M, a 36% increase compared to previous year.
Average pay of disclosed executives at Lincoln Educational Services
Scott M. Shaw, Chief Executive Officer, received $2.5M in total, which increased by 41% compared to 2022. 49% of Shaw's compensation, or $1.2M, was in stock awards. Shaw also received $740K in non-equity incentive plan, $500K in salary, as well as $19K in other compensation.
Brian K. Meyers, Chief Financial Officer, received a compensation package of $1.3M, which increased by 35% compared to previous year. 39% of the compensation package, or $500K, was in stock awards.
Chad D. Nyce, Executive Vice President, Chief Innovation Officer, earned $878K in 2023.
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Source: SEC filing on April 3, 2024.